Power Financial (TSX:PWF.PR.Z.PFD) Debt-to-Equity

: 0.51 (As of Sep. 2020)

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Power Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2020 was C$0.00 Mil. Power Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2020 was C$11,380.00 Mil. Power Financial's Total Stockholders Equity for the quarter that ended in Sep. 2020 was C$22,348.00 Mil. Power Financial's debt to equity for the quarter that ended in Sep. 2020 was 0.51.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Power Financial's Debt-to-Equity or its related term are showing as below:

TSX:PWF.PR.Z.PFD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19 Med: 0.42 Max: 0.61
Current: 0.51

During the past 13 years, the highest Debt-to-Equity Ratio of Power Financial was 0.61. The lowest was 0.19. And the median was 0.42.

TSX:PWF.PR.Z.PFD's Debt-to-Equity is not ranked
in the Insurance industry.
Industry Median: 0.25 vs TSX:PWF.PR.Z.PFD: 0.51

Power Financial Debt-to-Equity Historical Data

The historical data trend for Power Financial's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Power Financial Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Debt-to-Equity

0.39

0.42

0.45

Power Financial Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Debt-to-Equity																0.43	0.45	0.40	0.41	0.51

Competitive Comparison

For the Insurance - Life subindustry, Power Financial's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Power Financial Debt-to-Equity Distribution

For the Insurance industry and Financial Services sector, Power Financial's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Power Financial's Debt-to-Equity falls into.

Power Financial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Power Financial's Debt to Equity Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(808	+	8503)	/	20815
	=	0.45

Power Financial's Debt to Equity Ratio for the quarter that ended in Sep. 2020 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	11380)	/	22348
	=	0.51

Power Financial (TSX:PWF.PR.Z.PFD) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Power Financial Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Power Financial's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Power Financial (TSX:PWF.PR.Z.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Power Financial Corp (TSX:PWF.PR.Z.PFD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PWF.PR.T.PFD:Canada PWF.PR.S.PFD:Canada PWF.PR.R.PFD:Canada PWF.PR.Q.PFD:Canada PWF.PR.P.PFD:Canada PWF.PR.O.PFD:Canada PWF.PR.L.PFD:Canada PWF.PR.K.PFD:Canada PWF.PR.H.PFD:Canada PWF.PR.G.PFD:Canada PWF.PR.F.PFD:Canada PWF.PR.E.PFD:Canada PWF.PR.A.PFD:Canada

Address

751 Victoria Square, Montreal, QC, CAN, H2Y 2J3

Website

https://www.powerfinancial.com

Power Financial Corp, a subsidiary of Power Corporation of Canada, is a diversified management and holding company with interests in the financial services industry through its controlling interests in Great-West Life and IGM Financial. It also has holdings in Pargesa, a diversified industrial group based in Europe. Its segments include Lifeco and IGM Financial and the GBL. The firm's holdings are leading insurance, retirement, wealth management, and investment businesses, including a portfolio of alternative asset investment platforms.

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